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Broking industry reacts to cash rate move
Senior stakeholders in the broking industry have reacted to the Reserve Bank’s first monetary policy adjustment in almost three years.
GROWTH • Tue, 04 Jun 2019
RBA urged to ‘leave fuel in the tank’
The head of a mortgage aggregator has called on the Reserve Bank to refrain from hastily exhausting its monetary policy tool before understanding the full extent of ...
BORROWER • Tue, 04 Jun 2019
Major banks pass on cash rate cut
Several lenders, including major banks, have dropped their variable home loan rates in response to the RBA’s monetary policy adjustment.
LENDER • Tue, 04 Jun 2019
RBA pulls cash rate trigger
The central bank has reduced the official cash rate for the first time since August 2016, with mortgage rate cuts expected to follow.
GROWTH • Tue, 04 Jun 2019
Pundits fear banks won’t play ball if RBA cuts
Most industry pundits are expecting the RBA to cut the official cash rate later today. However, some observers have questioned whether banks will pass on savings to ...
LENDER • Mon, 03 Jun 2019
Aggregator head joins MFAA board
The industry association has announced the appointment of a director of a major aggregator to its board.
AGGREGATOR • Sun, 02 Jun 2019
‘Aggressive’ rate cut frenzy ensues as sentiment flips
Bankwest is the only lender to announce a rate hike amid a flurry of cuts from several lenders, including a major bank.
GROWTH • Thu, 30 May 2019
ING cuts variable home loan rates
The non-major lender has dropped its owner-occupied home loan rates by up to 17 basis points.
LENDER • Wed, 29 May 2019
CBA reports post-election spike in mortgage applications
The number of home loan applications received by the major bank in the week following the federal election hit a six-month high, according to CEO Matt Comyn.
LENDER • Tue, 28 May 2019